Edward Snowden, the former National Security Agency (NSA) employee turned whistleblower, warned Bitcoiners Friday that their support of crypto-friendly politicians should be tempered. “Cast your vote but don’t join a cult,” he said, while speaking virtually to thousands of attendees gathered around a main stage at this year’s annual Bitcoin conference in Nashville. At the beginning of his talk, Snowden…
Month: July 2024
Michael Saylor: US Government Should Own Majority of Bitcoin in the World
Michael Saylor, executive chairman of Microstrategy, believes the U.S. government should hold the majority of the world’s bitcoin, arguing this would strengthen the U.S. dollar. Drawing parallels to historic acquisitions, he views bitcoin as a critical asset for the future. Saylor emphasized: “The country gotta look to the future, and the future of the country […] Source: https://news.bitcoin.com/michael-saylor-us-government-should-own-majority-of-bitcoin-in-the-world/
RFK Jr. promises BTC strategic reserve, dollar backed by hard assets
The presidential hopeful gave Bitcoin eloquent praise as a future support for the US economy and way to fix broken American money and society. Source: https://cointelegraph.com/news/robert-kennedy-jr-bitcoin-united-states-economy-strategy?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
NASA Discovers Potential Signs of Ancient Life on Mars
Did life once exist on Mars? The question has stumped scientists and theorists for generations. Now, the National Aeronautics and Space Administration (NASA) may have discovered signs of microbial life that could have existed on the red planet. On July 21, the NASA Perseverance Rover discovered a rock in the Jezero Crater on Mars that scientists named “Cheyava Falls.” What…
SEC approves Grayscale Bitcoin Mini Trust for Trading on NYSE Arca
Grayscale must await final regulatory signoff on its registration filing before listing the fund Source: https://cointelegraph.com/news/sec-approves-grayscale-bitcoin-mini-trust-for-trading-nyse-arca?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Zimbabwe Injects $50M in Forex Market to Stabilize Currency
Zimbabwe’s central bank, the Reserve Bank of Zimbabwe (RBZ), has injected over US$50 million into the interbank foreign exchange market to stabilize the economy. This move comes as the parallel market exchange rate is significantly higher than the official rate, causing economic instability. The RBZ aims to increase foreign currency supply, reduce pressure on banks, […] Source: https://news.bitcoin.com/zimbabwe-injects-50m-in-forex-market-to-stabilize-currency/
‘We have to get rid of the folks who are in the way,’ Senators speak at Bitcoin 2024
The two Republican Senators claimed that if their party wins control of the Senate, they will stop the S.E.C.’s alleged “regulation by enforcement.” Source: https://cointelegraph.com/news/we-have-get-rid-folks-in-the-way-us-senators-speak-bitcoin-2024?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Polymarket Crypto Bettors Place Parlays on the Paris Olympics
With an extravagant opening ceremony, the 2024 Paris Olympics are underway—and millions of dollars in crypto bets have already been placed on the wildly popular Polymarket. So much so that the decentralized crypto-powered platform now has an “Olympics” category. A total of $1.2 million has already been placed on bets predicting which country will win the most medals. After that,…
No BTC strategic reserve announcement from Sen. Lummis—Bitcoin 2024
Senator Lummis recently authored a report highlighting the benefit of the Bitcoin mining industry and denouncing Biden’s proposed 30% tax. Source: https://cointelegraph.com/news/no-btc-strategic-reserve-announcement-from-sen-lummis-bitcoin-2024?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Polymarket Bettors Predict 84% Chance of Trump-Harris Debate Before Election
According to the blockchain-based prediction market Polymarket, there is an 84% likelihood that former President Donald Trump and current Vice President Kamala Harris will debate before the election. Trump has shown hesitation to debate Harris until her official nomination, citing significant confusion within the Democratic party. High Stakes: $142,846 Wager on Trump-Harris Debate Before Election […] Source: https://news.bitcoin.com/polymarket-bettors-predict-84-chance-of-trump-harris-debate-before-election/